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June 16, 2023
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256
108.
Carver Inc. uses the weighted
-average method in its process
costing system. The
following data concern th
e operations of the compa
ny’s first processing depa
rtment for a
recent month.
Work in process, beginning:
Units in process
700
Percent complete with respect to materials
50%
Percent complete with respect to conversion
40%
Units started into production during the month
23,000
Work in process, ending:
Units in process
200
Percent complete with respect to materials
80%
Percent complete with respect to conversion
40%
Ending work in process:
Required:
Using the weighted-average meth
od, determine th
e equivalent units of pro
duction for
materials and conversion
costs.
4-
257
4-
258
109.
Jordon Corporation uses t
he weighted-average method in i
ts process costing. The
following data pertain
to its Materials Preparation
Department for Novem
ber.
Units in process, November 1: materials 80% complete, conversion 25% complete
800
Units started into production during November
6,300
Units completed and transferred to the next department
5,100
Units in process, November 30: materials 80% complete, conversion 25% complete
2,000
Work in process, ending:
Required:
Determine the equivalent un
its of production for the Mater
ials Preparation De
partment
for November using the
weighted-average method.
4-
259
110.
Chargualaf Corporation uses the
weighted-average method in its
process costing. The
following data pertain
to its Assembly Department f
or September.
Percent Complete
Units
Materials
Conversion
Work in process, September 1
400
60%
30%
Units started into production during September
9,100
Units completed during September and transferred to the next
department
8,600
Work in process, September 30
900
85%
25%
Units transferred to the next department
Ending work in process:
Equivalent units of production
Required:
Compute the equivalent
units of production for bo
th materials and convers
ion costs for
the Assembly Departmen
t for September using the
weighted-average method.
4-
260
111.
The following data have been provi
ded by Allton Corporation,
which uses the weighted-
average method in its pro
cess costing. The data are for the c
ompany’s Shaping
Department for October.
Percent Complete
Units
Materials
Conversion
Work in process, October 1
200
65%
45%
Units started into production during October
7,800
Units completed during October and transferred to the next
department
7,500
Work in process, October 31
500
65%
45%
Materials
Conversion
Ending work
Required:
Compute the equivalent u
nits of production for both materials a
nd conversion costs for th
e
Shaping Department for Octobe
r using the weighted-avera
ge method.
4-
261
4-
262
112.
Barker Inc. uses the weig
hted-average method in its process
costing system. The
following data concern th
e operations of the compa
ny’s first processing departme
nt for a
recent month.
Work in process, beginning:
Units in process
800
Percent complete with respect to
materials
50%
Percent complete with respect to
conversion
20%
Costs in the beginning inventory:
Materials cost
$2,440
Conversion cost
$4,928
Units started into production during
the month
15,000
Units completed and transferred out
15,600
Costs added to production during the
month:
Materials cost
$96,470
Conversion cost
$476,362
Work in process, ending:
Units in process
200
Percent complete with respect to
materials
50%
Percent complete with respect to
conversion
90%
Required:
Using the weighted-avera
ge method:
a. Determine the equiva
lent units of production
for materials and conversi
on costs.
b. Determine the cost per equiva
lent unit for materials
and conversion costs
.
c. Determine the cost of
units transferred out of th
e department during the month.
d. Determine the cost of
ending work in process in
ventory in the departmen
t.
4-
265
4-
266
113.
Able Inc. uses the weighted-avera
ge method in its process
costing system. The follo
wing
data concern the operatio
ns of the company’s first processi
ng department for a recent
month.
Work in process, beginning:
Units in process
300
Percent complete with respect to
materials
60%
Percent complete with respect to
conversion
30%
Costs in the beginning inventory:
Materials cost
$342
Conversion cost
$2,394
Units started into production during
the month
21,000
Units completed and transferred out
20,700
Costs added to production during the
month:
Materials cost
$44,136
Conversion cost
$546,750
Work in process, ending:
Units in process
600
Percent complete with respect to
materials
80%
Percent complete with respect to
conversion
30%
Required:
a. Determine the equiva
lent units of production.
b. Determine the costs p
er equivalent unit.
c. Determine the cost of
ending work in proces
s inventory.
d. Determine the cost of
the units transferred to the ne
xt department.
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269
4-
270
114.
Kamp Company uses the
weighted-average method in its
process costing. In
formation
about units processed dur
ing a recent month in the
Curing Department follo
w:
Units
Conversion Percent Complete
Beginning work in process inventory
10,000
30%
Units started into production
150,000
Units completed and transferred out
140,000
Ending work in process inventory
20,000
40%
Units transferred to the next department
Ending work in process inventory:
Equivalent units of production
The beginning work in process
inventory had $4,600 in c
onversion cost. Duri
ng the month,
the Department incurred an addi
tional $210,000 in conve
rsion cost.
Required:
a. Determine the equiva
lent units of production
for conversion for the month
.
b. Determine the cost per equiva
lent unit of production for
conversion for the month
.
c. Determine the conversion
cost assigned to the
ending work in proces
s inventory.
d. Determine the total convers
ion cost transferred out du
ring the month.
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271